Legal Question in Wills and Trusts in New York
If a party owns 1/8 of a share in a house from an estate will and the primary resident owns 5/8 share and her credit is poor, how do I force the sale of the house so myself and two other siblings can get our shares?
Asked on 4/17/11, 7:35 am
2 Answers from Attorneys
Arnold Nager
Arnold H. Nager, Esquire
A lawsuit for a forced sale of the property. This is called an action for Partition.
Answered on 4/17/11, 7:37 am
Michael Markowitz
Michael A. Markowitz, PC
Mr. Nager's answer is too simple based upon the limited facts in the question. In particular, please re-post the question and let us know whether an Executor's deed was filed placing the names in all 8 individuals, or, whether the house is still in the decedent's name. This is important since you are unable to commence a partition action if you are not the legal owner of the house.
Mike.
Answered on 4/18/11, 5:42 am